Chris Skinner

JANUARY 31, 2019

He was underscoring how important data is in banking, and referenced the fact that banking started with data. It started as a ledger system a thousand years ago so that pilgrims could travel to the Holy Land under the … The post Banks need to be technology giants appeared first on Chris Skinner's blog.

Technology 367

Technology Data System Digital Banking 367

Chris Skinner

AUGUST 18, 2019

If you are a customer of Chinese financial services group Ping An, … The post AI is not a technology change but a cultural one appeared first on Chris Skinner's blog. It’s actually more about the Chinese internet giant Ping An, and how they’re changing finance using AI.

Technology 399

Technology Groups Digital Banking 399

Chris Skinner

OCTOBER 21, 2018

Someone told me I should start a travel blog, as I fly more than most pigeons do. But I’m not sure my travel blog would be read so much. Some countries are still reliant on cash whilst others are … The post Is the world being democratised through technology? appeared first on Chris Skinner's blog.

Technology 311

Technology Digital Banking Fintech 311

Chris Skinner

SEPTEMBER 11, 2019

However, there is a massive difference between … The post We’re just a technology company that happens to have a banking licence appeared first on Chris Skinner's blog. To be like a Silicon Valley angel investment firm. To be like a young, FinTech unicorn.

Technology 375

Technology Company Fintech Digital Banking 375

Chris Skinner

APRIL 6, 2018

I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much.

Technology 281

Technology Company America Examples 281

Chris Skinner

NOVEMBER 8, 2017

The … The post Throwing technology over the wall appeared first on Chris Skinner's blog. Old cars were made of metal and welded together into a solid machine where, if any part breaks, you have to replace the whole machine.

Technology 250

Technology Digital Banking Innovation Fintech 250

Chris Skinner

FEBRUARY 21, 2019

Another interesting nuance of the FinTech Bank is the integration of business and technology. I’ve referenced this a few times, but wanted to be explicit that these banks think technology is business and business is technology. This is clearly demonstrated in their microservices team structures and agile thinking.

Technology 157

Technology Compliance Fintech Digital Banking 157

Accenture

FEBRUARY 22, 2022

While extended reality (XR) technology has been around for some time, the topic’s momentum has recently accelerated with some analysts now predicting the metaverse to be an $8 trillion opportunity.…. The post Banking in the metaverse: the next frontier appeared first on Accenture Banking Blog.

Technology 545

Technology Digital Banking 545

Chris Skinner

FEBRUARY 19, 2019

That realisation is a simple but important one, and it is this: dealing with technology is very different to dealing with money; furthermore, dealing with money through technology is very different to dealing with technology through … The post Are you in banking or technology?

Technology 150

Technology Digital Banking Fintech 150

Chris Skinner

SEPTEMBER 16, 2019

I was recently asked by Volante Technologies to consider what being a digital bank means, specifically for a commercial bank and, even more specifically, the bank’s payments and treasury services. appeared first on Chris Skinner's blog.

Payments 311

Payments Digital Banking Retail Technology 311

Accenture

AUGUST 2, 2022

Flat economic growth and rising competition are forcing banks in growth markets to step up investment in digital technologies. But many banks are wary of committing themselves to an extensive digital transformation of their businesses. They view such large-scale change as…. They view such large-scale change as….

Marketing 492

Marketing User Experience Technology Digital Banking 492

FICO

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! Be fascinated by your customers, not your technology. Digital Lift-and-Shift Is Not a Digital Banking Strategy. Respect the data.

Digital Banking 98

Digital Banking Customer Experience eBook UX 98

Accenture

JUNE 23, 2022

What’s more, these big “winning banks” are harnessing their vast investments in digital technologies to help accelerate their growth. The post Top 15 banks reveal secrets of digital success appeared first on Accenture Banking Blog. The success of these global giants provides valuable lessons….

Technology 396

Technology Digital Banking 396

Chris Skinner

JUNE 9, 2017

I could go on, but there are very strong reasons for reimagining the bank through a digital transformation project right now, one of which is that the 1000s of start-ups who are focused on doing just one thing really well through an API are companies they could partner with.

Digital Banking 277

Digital Banking Software System Technology 277

Insights on Business

APRIL 28, 2017

Traditionally, banking was a conservative industry with relatively high barriers to entry. Banking products and services were defined and controlled by the bank. At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry.

Digital Banking 171

Digital Banking User Experience Branding social media 171

Chris Skinner

OCTOBER 10, 2016

I was thinking about not sharing this info but hey, as you are good enough to read my blog … here’s the bottom-line on digital disruption (ed: oh no, Chris said the D-word!). There’s a slide that’s been doing the circuit for a while.

Digital Banking 150

Digital Banking Technology Fintech 150

Chris Skinner

MARCH 1, 2020

I’m tempted to write the ABC of technology buzzwords, but know there cannot be any that start with X or Z*. However, I’m writing this one today because the word … The post What does ‘digital transformation’ really mean? appeared first on Chris Skinner's blog. Distributed, decentralised, democratised.

Big Data 535

Big Data blockchain Data Technology 535

Accenture

MARCH 29, 2022

The big players in commercial banking are making major investments in technology to quickly ramp up their digital transformation and streamline their processes. That’s all very doable for banks with deep pockets—but what about the mid-sized banks? The post How can mid-sized banks compete in the big leagues?

Trends 365

Trends Technology Report Banking Trends 365

Chris Skinner

MARCH 28, 2019

I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. Today, I hardly blog about it at all.

blockchain 419

blockchain Fintech Technology Digital Banking 419

CFPB Monitor

NOVEMBER 7, 2022

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

Financial Technology 78

Financial Technology Technology Fintech Innovation 78

Accenture

APRIL 7, 2021

This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. Banks need a clear approach to eliminate their legacy technology debt and attain future-ready systems. The post A future-ready approach: Journey to the cloud appeared first on Accenture Banking Blog.

System 222

System Technology Marketing Operations 222

Chris Skinner

OCTOBER 24, 2019

Following on from the discussion of payments in the cloud, I was recently asked by Volante Technologies to consider what being a digital bank means for a commercial bank’s payments and treasury services and identified three areas of focus: moving payments to the cloud; fast-tracking real-time / instant payments adoption; … The post The Digital (..)

Payments 196

Payments Digital Banking Technology 196

William Mills

SEPTEMBER 25, 2018

This is a digital bank based in Russia and today they are demoing their mobile banking offering. William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018. Mills-Grimes, marketing director of William Mills Agency, is live blogging today at FinovateFall 2018.

Mobile 78

Mobile Customer Experience Lending Analytics 78

Chris Skinner

SEPTEMBER 5, 2019

Things we’re reading today include … A new digital bank is scooping up teenage customers before big banks get to them Smile-to-pay: Chinese shoppers turn to facial payment technology Names and phone numbers of 18m British Facebook users found online, prompting privacy watchdog probe UK slips closer to recession as … The post Things (..)

Digital Banking 192

Digital Banking Online Technology Payments 192

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Be fascinated by your customers, not your technology. Respect the data.

Digital Banking 52

Digital Banking Security Fraud America 52

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. Currently, Dock has 250 clients that use FICO technologies to fight fraud.

Fraud 52

Fraud Technology social media Innovation 52

FICO

MAY 6, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are completing our series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Be fascinated by your customers, not your technology. Respect the data.

Digital Banking 52

Digital Banking System Data Customer Experience 52

Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. Compliance, technology integration, and attracting younger customers were among the panel’s chief concerns. It's hard work but necessary," he said.

Compliance 221

Compliance Community Bank Community Conference 221

Chris Skinner

MARCH 5, 2019

FinTech is doing what we’ve always done, cheaper and faster and better with technology. TechFin is reimagining everything with no idea of what’s been before with technology. It’s a … The post Are banks customer focused? appeared first on Chris Skinner's blog.

Fintech 391

Fintech Technology Digital Banking 391

Accenture

APRIL 19, 2022

The post The ultimate guide to banking in the metaverse appeared first on Accenture Banking Blog. With bigtech giants like Tencent, Meta and Microsoft all making big bets on the metaverse, there is little doubt that the internet is on the verge of….

Digital Banking 536

Digital Banking Technology 536

FICO

FEBRUARY 2, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 commandments below into common themes. Digital lift-and-shift is not a strategy! Be fascinated by your customers, not your technology. Leverage technology (e.g.,

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

Accenture

APRIL 4, 2017

Storm clouds are gathering over the banking industry in the form of a fragmenting value chain, rapid migration to digital channels, encroaching financial technology firms, and open banking regulations. As human interactions become rarer in banking, the importance of each one going well increases.

Technology 232

Technology Trends Survey Customer Experience 232

Chris Skinner

JUNE 4, 2019

I had an interesting discussion about hiring technology people into banks the other day. You could join a hot FinTech unicorn like Monzo, SoFi, Stripe, Ant Financial, Ping … The post The war for (banking tech) talent appeared first on Chris Skinner's blog.

Fintech 407

Fintech Technology Digital Banking 407

Accenture

APRIL 29, 2021

This series of blogs look at the future of banking in Growth Markets in a post-COVID-19 world. The post Banking’s cloud imperative: Succeeding in an altered landscape appeared first on Accenture Banking Blog. These structural shifts have….

Marketing 397

Marketing System Analytics Trends 397

Accenture

APRIL 15, 2021

Our new research report called Boosting the Bank Board’s Technology Expertise shows that only 10 percent of banking board directors have technology expertise. The post Six ways to increase your bank board’s tech expertise appeared first on Accenture Banking Blog. We believe the number should….

Leadership 222

Leadership Technology Report Digital Banking 222

Chris Skinner

APRIL 15, 2019

I picked up an interesting article from Reuters, about how Asian technology firms are moving into banking in a different way to Europe or America.

America 419

America Google Technology Digital Banking 419

FICO

JULY 7, 2022

Why FICO Won Best Technology Provider for Data Analytics. The FICO team were delighted to pick up the award for Best Technology Provider for Data Analytics at this black-tie event. Read The 11 Commandments of Digital Banking. chevron_left Blog Home. FICO Platform approach was key to judges of 2022 Credit Awards.

Analytics 52

Analytics Technology Data Strategy 52